IDEA - Daily chart looks good.- IDEA moving in an ascending channel,
- Bounced back from daily resistance turned support zone.
- Support :- 7 - 8.
{ Chart for study purpose only. }
IDEA trade ideas
Idea CMP 10.10, UpdateIdea -CMP 10.10, It is trying for breakout for few days. It has crossed tripple top on closing basis at 9.95 and yesterday it closed with huge volumes on upward trend. Even OI rise of 10% in futures is an indication of building of long positions. ESI is trading above support and MACD is about to cross its signal line both are positive indications. Chart pattern it made cup pattern between June and Sept. Now it is trying to make similar pattern again. It is going to go up soon with targets of 10.35, 11.1, 11.7, 13 with a SL of 9.5. It is purely for educational purpose and any investiment shall be made after consultation with financial adviser.
Vodafone Idea CMP 9.85.Vodafone Idea- CMP 9.85. Today at closing it closed positive. Today cash volumes are also almost double the previous 3 days average volumes, also future OI rise is also at healthy 8% with price rise. This indicates formation of longs in the counter. Recently it has touched 20EMA line and reversed from that level which is also a healthy indication. RSI is also showing positive divergence. MACD line also is making an attempt cross signal line which is also positive and bullish sign. On charts also it is trying to breakout the recent resistance at 10. If it successfully closes above 10, then it can go to 11.1, 11.7, 12.35. It is for educational purpose only.
Vodafone IDEA LTD Falling Wedge Setupprice in falling wedge and ready to breakout if we breakout here than good for long at retest
IDEA- AccumulationIDEA in accumulation Phase. Once it crosses Rs.8.20 is It will be in Bullish zone. Rs.2.35 Is the support zone. NSE:IDEA
buy idea shares...sure target is 2.5 per sharebecause of strong rejection in previous support levels
IDEA NEAR SUPPORT 7.5/8. IDEA IS NEARING SUPPORT. A BREAK BELOW 7.5 WILL INVALIDATE THE BULLISH MOVE.
Cup and handle pattern formation in Idea-inits going to upward currently its traded on daily support trend line if fail then the stock touch near to 17.15 in a week.
Idea - Cup of woes may endVodafone Idea - Looks like a cup n handle on weekly. I am not sure. But let us see. Keep tracking.
Vodafone Idea can go up * Add to your watchlist*Triangle and above 1h 200 EMA, Wait for BO and enter with good R:R.
** Educational purpose only **
Do ur own research before taking any investment decision
This is my personal view.
Idea is heading for 28-30rs range in mid term to long termIdea is showing strong view on monthly chart. There are very high chances for Idea to touch 28-30rs in mid to long term.
I am holding 25K shares
Voda Idea : Vey Strongly Buy. Rounding Bottom and Inverse Head..Voda-idea share price has made rounding bottom and inverse head and shoulder pattern.
When you study Rounding bottom pattern, it is said it is best if it has head and shoulder pattern inside. This is happening in this stock price chart.
STOCKMAN IDEA View:
Position : Strong Buy
Stop Loss : 9
Target : 18
CMP: 12.4
Vodafone Idea – Long for swing tradeBuy @ 9.50 – 10
T 1 – 14
T2 – 17.50
T3 - 21
SL - 8.35
Note: This is my view for educational purpose only.
